Will regulation kill cryptos?

[jhache]

The best thing about cryptos is that they are decentralized meaning no governments in the world can control it. Even if they bring in regulations they wont be able to control it. Also some regulation is going to be good for the crypto markets as it will bring fear in the scammers and they will think twice before doing something shady.

[Biso]

Regulations are the goverment's perogative and right now, these will have to be accepted as facts of life.

Those who have the purely libertarian viewpoint want to live in countries which leave crytpos fully unregulated. There have even been proposals to build seasteads where normal jurisdictions won't apply. This is quite fascinating but not practical for everybody, as of now.

So we have to sit back and look for the possible regulations:

1. First will be the requirement to have full KYC when dealing with crypto.
2. There maybe some sort of taxation built into the system, which normal users already pay as a service tax.
3. ICO regulation and audit can be a big area of improvement, if the ICO craze has to actually be of any value.

These regulations should serve to make market safer for the average investors. The biggest problem will be maintaining a balance between privacy and law-enforcement. This is the trickiest bit of the problem.

One thing is sure that it can't be regulated out of existence. If such a thing happens, it'll just move into the background again. People will move to friendlier countries and we can have a division of the camps that support it vs the non-supporters.
Fiat vs Bitcoin may well be the 21st century equivalent of the Socialist-Capitalist economy divide.

I think this way of putting it into words is pretty realistic and I like the comparison with the Socialist-capitalist "war"

[DoublerHunter]

I don't think that the regulation will kill the cryptocurrencies because in fact it will help the cryptocurrencies to avoid getting into trouble because if they have regulation then the government will be able to minimize the possibility of having bad people that will interact and use it to do illegal stuffs so i am a supporter of regulation for the cryptocurrencies.

[Russlenat]

Regulations can't kill cryptos in-fact it is the best way to control the cryptos for the sake of the people to avoid scams, regulated cryptos is the safest crypto to invest.

[KuyaBreezy]

Regulation may not necessarily kill cryptos,but it may limit its freedom as most of its activities will be under control. on the brighter side, there will be more trust in cryptos and thus attracting more investors and users

[Aryadwipanggah]

I think a regulation will not kill crypto, but its impact is also like the ups and downs of the price is the effect of a regulation. The regulation will also cause panic for new users. keep in mind that crypto is decentralized so that no one can control it including regulation. so regulation will not be able to kill the crypto world

[rickyNmorty]

If regulating bitcoin usage on certain countries means that it could be used on that country legally, then I don't think it would hurt bitcoin in any way, shape, or form. If anything, this would mean that bitcoin's reach indeed has been extending even in some conservative countries. Moreover, there shouldn't be any issue with regulating bitcoin use in a country since it is only decentralized, not rouge.

[Infern0]

Regulation of the crypto currency market can kill rather volatility in the market , but not the crypto currency itself. Finally, there is always a way out - to go into jurisdiction where there is no regulation.

[dexterbit]

It seems like governments, out of self-preservation interest, will at the very least want to make sure crypto is taxed. As the market cap of crypto continues to increase it seems like it will become an ever bigger target for the possibility of tax revenue.

[fanhuaijiao713]

Regulation is a double-edged sword for digital cryptography.

Opportunity and challenge!

Regulation will have a big impact on the stealth of digital cryptographic currency!

Digital cryptographic currencies that have no real applications will be eliminated, and digital cryptocurrencies with real value will be appreciated.

[Angelic T]

I think crypto is one great investors opportunity and as such the regulations will help but I don't think these regulations are aimed at bringing crypto down. I believe in some years to come when the Cryptoworld is regulated well and there is less scam, most governments will have no other options than to accept cryptocurrencies as means of transactions.

[gjtnwls1]

It can effect on crytpos price but I don't think it will kill crypto. It is already popular and trade by a lot of people. It is hard to kill it.

[Dudeperfect]

I don't think that regulations will affect crypto in any way (except centralized systems like Ripple/XRP). In fact, I believe that if there is a pressure from the government on the crypto industry then it will help us to grow. As we all know that governments can not ban crypto but they can restrict crypto to fiat transactions but even in that case, it would boost cash trades and that will create more trouble for the governments. The core ideology of crypto/blockchain is keeping away the centralized authorities from the entire system.

[el kaka22]

I do not think that regulation can kill the market. But it can strongly influence the market rate, through negative news. In the worst case, there will be panic selling

If there would be panic selling as a result of regulation, do you think that would not have happened already ?
Moreover, some people's stupidity is the reason why they will give institutions and bigger players to have a better position in the market and give them more chance to even control the market as they please.

The more we keep having weak hands, the more they keep building their position for the long run. Regulation generally would make those big investors to start considering the market and that is what they call new and smart money.

[stigmacryptonight]

this is certainly a good sign for the development of crypto, especially Bitcoin. And of course also for the investors. Hopefully be a good hope

[Name: Claudio]

Not really, it helps people of the nation to obey still on the law of government, crypto is free but some are really abusing it and some are using it to steal from others that why regulation from the government are now coming...

[tungaqhd]

Regulators want to make sure they protect investors from scams, while at the same time allowing the industry to develop and deploy the new technology in interesting ways. Overregulation could move the action elsewhere, which is what happened in China.

It’s too early to tell who's doing the best job of setting the rules. Nations are taking various tasks.

What do you think?

In some side, it will affect on bitcoin price but can not make bitcoin die. It was not created for investing only.

[cokkapaga]

Regulation will kill of crypto? No way, Regulations can't do that
Crypto can be survive forever and Not all countries is not accepted or banned bitcoin. So, no need to worry about that.
We know that regulations is have a big impact of crypto, but it can't make die. the technology of bitcoin is needed in the world.

[Spanopohlo]

I bet Regulation will not kill it that instantly, It will take time. As regulation comes and goes, Bitcoin popularity will decrease at an alarming rate making it unwanted by many, because of that Regulation. But, there is also a chance that through regulation, Stability and security of this currency will be done with ease, gaining the trust of investors and other individuals using Bitcoin.

[rodskee]

Regulators want to make sure they protect investors from scams, while at the same time allowing the industry to develop and deploy the new technology in interesting ways. Overregulation could move the action elsewhere, which is what happened in China.

It’s too early to tell who's doing the best job of setting the rules. Nations are taking various tasks.

What do you think?

I think have two kinds of effect from crypto if the regulation become implementing, first for the good side effect for the implementing or regulation how to control crypto to protect the investor's from the scammer's Is the way to convince people to invest in crypto and the demands goes to high.
second the bad side  if the government control bitcoin or crypto like how to control fiat money as currency is not good idea's if this come true crypto are not free for any taxes.